Question

ਸੀਮਾਂਤ ਉਤਪਾਦਨ ਤੋਂ ਕੀ ਭਾਵ ਹੈ ?​

Answer 1

Answer:

The marginal product of labor is important because it's a key variable in another calculation: the marginal revenue product of labor (or MRPL), which is the change in total revenue (rather than just total output) when one additional employee is hired and all other factors remain constant.